Health data company Longenesis has signed an agreement with leading South Korean medical provider Gil Medical Center to implement a blockchain-based medical data management platform.
The two parties reportedly aim to develop a new, innovative, blockchain-powered platform based on Bitfury’s Exonum framework. In addition to streamlining the collection of health and related data, the blockchain-based platform also aims to enable transparent patient consent management, improve medical research processes, and address each patient’s specific compliance needs under the United States’ Health Insurance Portability and Accountability Act (HIPAA) and the European Union’s General Data Protection Regulation (GDPR).
According to a report by the Blockchain Council, Longenesis uses deep learning for drug discovery, and its advanced data escrow is a precious resource for global healthcare development. The platform aims to integrate AI and blockchain solutions for health data analytics. Since Longenesis is built on blockchain technology, patient health records are both secure and traceable. The platform also utilizes smart contracts, pushing the frontier of the healthcare industry.
Garri Zmudze, CEO of Longenesis, expressed his satisfaction with the partnership.
“Gil General Hospital has a splendid reputation for being on the edge of adopting latest innovation. We are honored to mark our Korean presence with a partnership like such,” Zmudze said.
In 1991, Gil Medical Center was the first hospital in South Korea to use a fully integrated computer system for hospital administrative duties. Following this strong tradition, the hospital is now the first in the country to adopt Longenesis’s blockchain-based health data management solution.
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